BSECompany Update13h ago · 27 Oct 2026, 05:12 pm
Press release on investment by NH Investment & Securities Co., Ltd. amounting to Rs. 900 Crore in our material subsidiary, Choice Equity Broking Private Limited.
Choice International Ltd · 531358
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Choice International Ltd has announced the successful closing of a strategic investment by NH Investment & Securities Co., Ltd. in its broking subsidiary, Choice Equity Broking Private Limited, for Rs. 900 Crore. The investment will be used to strengthen the subsidiary's growth capabilities, including expansion of its Margin Trading Facility business, technology infrastructure, customer acquisition, talent development, and product innovation.
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Choice International Ltd - 531358 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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Choice
The Joy of Earning
REF: CIL/CC/55/2026-27
October 27, 2026
To, To,
The Department of Corporate Services, The Department of Corporate Services,
The BSE Limited, The NSE Limited
P.J. Towers, 5" Floor, Exchange Plaza
Dalal Street, Plot No. C/ 1, G Block,
Mumbai-400001 Bandra — Kurla Complex,
Bandra (East), Mumbai — 400 051
Scrip Code: 531358
ISIN: INE102801014 Scrip Code: CHOICEIN
Sub: Press Release on issuance and allotment of Compulsorily Convertible Preference Shares {“CCPS”} to NH
Investment & Securities Co., Ltd. {‘Investor’) by our Material subsidiary, Choice Equity Broking Private Limited
(‘CEBPL’).
Dear Sir/ Madam,
Please find enclosed the press release regarding the strategic partnership our material subsidiary, Choice Equity
Broking Private Limited (“CEBPL”), and NH Investment & Securities Co., Ltd., a company incorporated and
existing under the laws of the Republic of South Korea (“Investor”), through the issuance and allotment of
Cumulative Compulsorily Convertible Preference Shares (“CCPS”) of CEBPL to the Investor.
The allotment represents an important step forward in CEBPL’s growth and development, reflecting the
Investor’s confidence in its business potential and future prospects. The funds raised through this investment
are expected to enhance CEBPL’s financial strength, provide support for its planned expansion, enable the
implementation of strategic initiatives, and address its evolving business and operational needs.
The details of the event are enclosed in the form of “press release”.
The above intimation is also available on the website of the Company at www.choiceindia.com
Thanking You,
Kindly take the above on record.
Thanking You,
Yours Truly,
For Chojice In!\e/n;aywil Limited
Karishma Shah
(Company Secretary & Compiiance Officer)
Choice International Limited
Sunil Patodia Tower, J B Nagar, Andheri East, Mumbai - 100099
119122 67070999 - info@ choiccindia.com
CIN No. L67190MH1993PLCO71117
Letterheads. Keeping words official.
Choice
The Joy of Eamning
Press Release
Choice International Announces closing of X900 Crore Strategic
Investment by NH Investment & Securities in Choice Equity Broking
October 27,2026, Mumbai - Choice International Limited {“Choice”), a diversified financial services
group, is pleased to announce the successful closing of the strategic investment by NH Investment &
Securities Co., Ltd. (“NHIS"), a leading South Korean financial institution and subsidiary of NH Financial
Group, in Choice Equity Broking Private Limited (“CEBPL”), its broking subsidiary.
CEBPL has received today the fuil subscription consideration of %8,99,99,95,500 (approximately X900
crore) and allotted 42,25,350 fully paid-up Compulsorily Convertible Preference Shares (“CCPS”) to
NHIS at 2,130 per share, pursuant to the Subscription Agreement dated July 9, 2026.
The closing marks the culmination of the transaction announced in July 2026 and establishes a
strategic partnership between the two financial services institutions. The proceeds will be deployed
towards strengthening CEBPL's growth capabilities, including expansion of its Margin Trading Facility
(“MTF”) business, technology infrastructure, customer acquisition, talent development and product
innovation.
Beyond the capital infusion, the partnership provides an opportunity to combine Choice’s
understanding of the Indian market and domestic distribution network with NHIS’s international
institutional expertise. Collaboration across institutional broking, research, capital markets, risk
management, governance and operational practices is expected to support CEBPL’s long-term
competitiveness and business development.
Management Commentary
Mr. Arun Poddar, CEO & Executive Director, Choice International Limited, said:
The closing of this investment marks an important milestone in Choice’s journey to build an enduring
financial services institution. Beyond strengthening our broking business and technology capabilities,
it supports our larger mission of making financial services more accessible and empowering more
Indians to participate in the country’s growth.
Aligned with Prime Minister Shri Narendra Modi’s vision of Viksit Bharat 2047, we believe financial
inclusion and awareness are essential to ensuring that economic progress translates into wider
prosperity. By combining technology with our on-ground distribution network, we aim to reach
underserved communities, build financial confidence and enable long-term wealth creation. As we
expand, we remain focused on building a sustainable, institutionally stronger business that creates
lasting value for our customers, shareholders and the nation.
About NH Investment & Securities
Founded in 1969, NH Investment & Securities Co., Ltd. (NHIS) is a leading South Korean securities and
investment banking firm and a core subsidiary of NH Financial Group. Headquartered in Seoul, NHIS
offers securities brokerage, wealth management, investment banking, and capital markets solutions,
Choice
The Joy of Earning
serving retail, corporate, and institutional clients through a network of over 65 branches, global
operations, and a workforce of more than 3,000 professionals. In FY2025, NHIS reported revenue of
approximately KRW 15.36 trillion (X1,10,138 crores)*.
About Choice International Limited
Choice International Limited is a diversified financial services and consulting group headquartered in
Mumbai and listed on BSE and NSE. Serving over 1.6 million clients through a network of 70,000+
business associates, the Group offers technology-driven solutions across broking, wealth
management, lending, insurance, investment banking, asset management, and government and
infrastructure consultancy. Recognised as a Great Place to Work, Choice combines its pan-India
distribution network with digital capabilities to expand access to financial services and support long-
term wealth creation. The Group remains committed to advancing financial inclusion and creating
lasting value for its clients, shareholders and communities.
About Choice Equity Broking Private Limited
Choice Equity Broking Private Limited (CEBPL), a subsidiary of Choice International Limited, is among
India’s leading retail brokers, serving over 1.6 million customers through a network of branches and
authorised persons. The company offers technology-led investment and trading solutions to retail,
HNI and institutional clients across equity, derivatives, currency and commodity markets, alongside
depository services. Combining its extensive branch network with digital capabilities, CEBPL is
committed to expanding access to investment opportunities and enabling greater participation in
India’s capital markets.
For further information, please contact:
Ayush Sharma Bornali Ghosh
Contact: +91-2267079999 Contact: +91-9899563504
Email: ayush.sharma@choiceindia.com Email: bornali@p4c.in
Choice International Limited Passion4Communication
*Note: Currency conversions are based on an exchange rate of 1 KRW =<0.07169, as on 23 Oct 2026.